IBM Completes Acquisition of Texas Memory Systems

IBM recently announced it has completed its acquisition of
Texas Memory Systems (TMS), a privately held company based in Houston, Texas.
Financial terms of the deal were not disclosed.

IBM announced on August 16, 2012, that it had signed a
definitive agreement to acquire TMS, a leading developer of high-performance
flash memory solutions.

Founded in 1978, TMS designs and sells solid state memory
solutions as the RamSan family of shared rackmount systems and Peripheral
Component Interconnect Express (PCIe) cards. The products are designed to help
companies improve system performance and reduce such critical issues in the
data center as server sprawl, power consumption, cooling, and floor space
requirements. Leveraging such solutions can help organizations save money,
improve performance and invest more in innovation.